The analysis firm Bernstein has initiated coverage on the Bitcoin miner Iren (NASDAQ: IREN), assigning it an “outperform” rating and projecting an impressive 80% potential upside for its stock price. The firm’s optimism is centered on Iren’s bold and successful expansion into artificial intelligence (AI) cloud services, a move that diversifies its revenue beyond cryptocurrency mining.
Author: chloe
chloe
Bitcoin, Ethereum, and Layer 1 infrastructure are at the center of Chloe’s coverage. She follows protocol upgrades, network changes, and technical decisions that affect how major blockchains evolve over time, with particular attention to long-term reliability and adoption. When relevant, she also tracks regulatory developments and market reactions tied to core blockchain systems.
The Bitcoin market is in a state of tense calm, with its volatility compressing to levels never seen before, suggesting a significant price breakout could be imminent. Technical analysts are closely watching the Bollinger Bands, a key volatility indicator, which now show the tightest range in the digital asset’s history. This situation has put investors on high alert, awaiting the direction of the next major move.
The price of XRP has entered a phase of high tension during September, trading below key psychological levels and creating uncertainty among investors. The cryptocurrency has failed to consolidate sustained bullish momentum, facing strong resistance that threatens to trigger further declines if current supports fail to hold firm in the short term.
The X402 Foundation has officially announced the launch of its innovative open protocol, designed to facilitate instant and low-cost AI micropayments. This initiative, created to standardize low-value transactions on the web, promises to transform content monetization and machine-to-machine interactions. The solution aims to solve one of the biggest obstacles in digital commerce: high fees that make small payments unfeasible.
Société Générale-FORGE has issued USDCV, a dollar-pegged token now open for trading on Bullish Europe. The move expands the EU lineup of supervised digital assets under the MiCA licence, offering on-chain dollars within a regulated framework. Assets are warehoused with an institutional custodian serving banks, corporates and individuals.
JPMorgan argues the stablecoin sector is at risk of a zero-sum game as competition tightens and regulation advances. This dynamic threatens the profitability of issuers like Circle (USDC) and could affect users who rely on easy availability and trust. The bank frames the outlook as a fight for market share rather than general demand growth.
Chainlink performs well, reaching levels not seen since 2021. A long-term cup-and-handle pattern on the charts suggests LINK could reach $100, a development that affects traders, tokenized asset managers, and oracle integrators. Analysts frame a bullish case contingent on a breakout and sustained adoption.
PUMP reached a high point and then entered a stable period while very important investors quietly acquired more, aligning with a plan that combines open-exchange purchases by the group and whales. Analyses highlight potential buybacks and stronger “smart money” conviction, but questions remain about the plan’s survival and competitive pressures. The situation also unfolds under growing attention from rules makers, adding uncertainty for participants.
Curve Finance has introduced Yield Basis as a $60 million initiative to turn CRV into an income-generating asset. The plan would pre-mint 60 million crvUSD to fund three Bitcoin-focused pools and aims to create a steadier revenue stream for veCRV holders while attracting professional traders. A DAO vote expected around Sept. 18, 2025 will shape crvUSD’s path and Curve’s systemic exposure.
Aave Protocol is undergoing a restructuring that closes specific Layer-2 systems and allocates $100 million to expand the GHO stablecoin. The move aims to concentrate resources on higher-return networks and could reshape liquidity and usage across Aave. The decision affects users, developers, and GHO holders, and has sparked community disagreement over strategy and access.